This buying stuff to turn around on eBay may be a good idea.
Yesterday I listed one of the coffeemakers I bought at the local liquidation outlet and someone grabbed it in just a few hours for double the money I paid for it. Of course, now I’m thinking that the “Buy It Now” price I put on the coffeemaker was a little too low.
Re-listing an item on eBay is sometimes free or at least very inexpensive. It’s probably smart to start off with a slightly aggressive “Buy It Now” price and if it doesn’t sell at that price, or through bidding, lower the price when it’s re-listed.
What a concept. Lowering the price when demand is down for a product.
We moved to Tennessee from California about three years ago. I’ve noticed a difference with gasoline prices between here and California.
We lived for many years in a rural area of Northern California. The gasoline was always terribly expensive near home. It was always cheaper in the cities, so we avoided filling up at our local gas stations.
We live in Nashville and I’ve found that gas is less expensive when I’m out of town in the more rural areas. If possible, I’ll wait until I’m out of town to fill up.
Exactly the opposite my California experience.
And, I’m behaving exactly the way predicted in my old Econ 100 class. I tend to buy gasoline at the lowest price I can find.